Suite number:
Balanger
Project:
Address:
Mississauga, Ontario
Developer:
YYZed Project Management Inc.
Property type:
condo
Floor plan:
Bathrooms:
2.5
Bedrooms:
2.5
Size:
1715 sqft
Occupancy Date:
Sep 2025
Price, CAD
$1,878,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
21.68%
Cumulative Return on Investment in Year 5
99.25%
Property Price at the End of Year 5
$2,422,000
Deposit Schedule
$5,000 at Signing
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
property price appreciation | $98,000 | $103,000 | $108,000 | $114,000 | $120,000 | $126,000 | $132,000 | $139,000 | $147,000 | $154,000 | $1,241,000 |
rent income | $10,000 | $60,000 | $63,000 | $66,000 | $68,000 | $71,000 | $74,000 | $78,000 | $81,000 | $84,000 | $656,000 |
mortgage principal reduction | $4,000 | $23,000 | $25,000 | $26,000 | $27,000 | $28,000 | $30,000 | $31,000 | $33,000 | $34,000 | $260,000 |
deposit interest | $195 | - | - | - | - | - | - | - | - | - | $195 |
gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
total income return | $136,000 | $187,000 | $196,000 | $205,000 | $215,000 | $226,000 | $237,000 | $248,000 | $260,000 | $273,000 | $2,182,000 |
Expense/ Investment
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
deposit | $5,000 | - | - | - | - | - | - | - | - | - | $5,000 |
remaining balance payment | $371,000 | - | - | - | - | - | - | - | - | - | $371,000 |
closing cost | $75,000 | - | - | - | - | - | - | - | - | - | $75,000 |
operating expense | $4,000 | $25,000 | $25,000 | $26,000 | $26,000 | $27,000 | $28,000 | $28,000 | $29,000 | $30,000 | $248,000 |
mortgage payment | $16,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $94,000 | $863,000 |
total expense investment | $470,000 | $119,000 | $119,000 | $120,000 | $121,000 | $121,000 | $122,000 | $122,000 | $123,000 | $124,000 | $1,561,000 |
Other
Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
---|---|---|---|---|---|---|---|---|---|---|---|
net gain loss | -$333,885 | $68,000 | $76,000 | $85,000 | $95,000 | $104,000 | $115,000 | $126,000 | $137,000 | $149,000 | $621,000 |
cumulative roi | $28 | $49 | $68 | $84 | $99 | $114 | $128 | $142 | $155 | $170 | $1,000 |
Emerson House
Address: Mississauga, Ontario
Price Range: $1,010,000 - $2,637,000
Avail. suites: 28
1.5—2.5 bd
853—2555 SqFt